Gubbi Vidyadhara K 4

What Happened
Gubbi Vidyadhara K, Chief of Global Operations at Western Digital (WDC), received an award of 34.658 derivative shares on 2026-03-18. The filing reports these as an acquisition (code A) at $0.00 (derivative). The award represents dividend-equivalent rights tied to previously granted restricted stock units (RSUs); the filing lists no cash outlay for this grant.

Key Details

• Transaction date and type: 2026-03-18 — Award/Grant (code A), reported 2026-03-19 (timely filing).
• Amount and price: 34.658 dividend-equivalent rights; reported acquisition price $0.00 (derivative).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: The dividend-equivalent rights accrue on previously awarded RSUs and vest proportionately with those RSUs; each right is a contingent entitlement to one share of common stock or the cash value thereof (see F1).
• Filing timeliness: Reported the next day (no late-filing flag indicated).

Context
Dividend-equivalent rights are a form of compensation that track dividends on RSUs and convert to shares or cash when the underlying RSUs vest; they are not an open-market purchase or sale and do not indicate immediate buying or selling by the insider. Such awards are common in executive compensation programs and should be viewed as part of ongoing equity compensation rather than an express market sentiment signal.